About

My FICO Sores

While I have 17 credit cards, I have been able to keep my credit score relative high and there are many factors the contribute to this success.

I have a 100% on-time payment history.
- Since the inception of my credit history, across 17 cards and 5 loans, I've never missed a single payment!
- That's 22 accounts, spanning 3 years with a proven track record that shows my credit trustworthiness.
I barely touch my overall credit limit.
- My credit limit is upwards of $130k and I use, rarely 2%, maybe 1%, realistically less than 1%.
- Credit Bureaus know I am not easily tempted by credit and I can responsibly use my credit.
No derogatory marks.
- I have never had anything in collections and public records.
My credit is aging.
- I have not been opening as many personal cards as I have been in the last year.
- This helps in aging because no new cards will weigh the average age down.
- I keep my oldest cards open to bring the average age up.
I have 22 total credit accounts.
- This includes 17 cards and 5 loans which shows experience in diversity of credit.
I keep my hard inquiries to a minimum.
- I only apply for cards that I have a good chance of getting that will benefit my portfolio.
- Hard inquiries are spread out across time to limit it's weight on my credit score.

Google Sites

Report abuse